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Executives' favorite explanation for spending big on AI: FOMO

JPMorgan's CEO Jamie Dimon Noam Galai via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . If you're ...

Jan 14Business Insidereconomics

OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT

Sam Altman says OpenAI's API business pulled in more than $1 billion in annual recurring revenue in the past month. Kyle Grillot/Bloomberg—Getty Images/Reuters OpenAI has made more than $1 billi...

1dBusiness InsiderTechnologyImpact

Palantir CEO Alex Karp says humanities jobs are doomed in the age of AI: 'Hopefully you have some other skill'

Alex Karp, CEO of Palantir, said vocational skills will be in high demand in the AI era. Fabrice COFFRINI / AFP via Getty Images Alex Karp, the CEO and cofounder of Palantir, doesn't have a technical ...

4dBusiness InsiderTechnologyImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

Jan 13Business InsiderPoliticsImpact

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...

1dBusiness InsiderPoliticsImpact

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

4dBusiness InsiderPoliticsImpact

We're siblings who built a 6-figure Turo business in under 2 years. We started with just our mom's car — here's how we scaled up.

Mike and Darlene Person. Courtesy of JDM Whipz Siblings Michael Rumph and Darlene Person built JDM Whipz, a profitable Turo car rental fleet. JDM Whipz grew to 13 vehicles in Atlanta by reinvesting pr...

2dBusiness InsiderlifestyleImpact

A16z partner shares 3 things founders should be able to 'materialize' if they want to be successful

Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...

Jan 15Business InsiderTechnologyImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

Fortune 100 companies are back in the office — but 'work from home dark matter' is thriving under the radar

Georg Loewen (left) and Leslie Snipes (right) Georg Loewen (left), Leslie Snipes (right) Most Fortune 100 employees are under a return-to-office mandate. However, hybrid and off-the-record remote work...

5dBusiness InsidereconomicsImpact

China’s big people shortage just got bigger, and the risks are growing too

Adek Berry/Getty Images China's population declined for the fourth year in a row, reaching 1.405 billion. Falling birth rates and an aging population threaten China's economy and the global economy. G...

4dBusiness Insiderworld_newsImpact

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

Jan 15Business Insidereconomics

Some flight attendants at ultra-low-cost carriers make more than United crew. Here's how much they earn.

An Allegiant flight attendant. David Becker/AP Flight attendants at ultra-low-cost carriers earn a base pay of between $22 and $68 per hour. Allegiant cabin crew earn higher base pay than those at Uni...

5dBusiness InsidereconomicsImpact

Dell tells staff to get ready for the 'biggest transformation in company history.' Read the memo.

Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...

Jan 13Business InsidereconomicsImpact

Ubisoft Cancels 6 Projects Including Prince of Persia: Sands of Time Remake, Closes 2 Studios and Confirms Further Layoffs in Major Company Restructure

Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...

3dIGNeconomicsImpact

Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...

5dBusiness InsiderTechnology

AI tools could make companies less competitive because everyone buys the same brain, think tank CEO says

Companies rushing to adopt the same AI tools risk losing their competitive edge, independence, and long-term resilience, a think tank CEO says. APHOTOGRAFIA/Getty Images The CEO of a digital economy t...

Jan 17Business InsiderTechnologyImpact

America's new sink-or-swim era is here

Tyler Le/BI A few years ago, HR practitioner T. Tara Turk-Haynes hired yoga instructors and meditation gurus to help employees handle burnout at the media company where she worked. She's not doing any...

5dBusiness InsidereconomicsImpact

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

Jan 14Business InsidereconomicsImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

2dBusiness InsiderTechnologyImpact
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